Housing Wire

JANUARY 29, 2021

It’s the fourth consecutive decline, but many housing industry observers see big potential for the year ahead. However, contract signings rose 21.4% Realtor.com’s Housing Market Recovery Index showed significant contract growth, specifically in Portland, Las Vegas, Denver, Los Angeles, and Boston.

Contracts 529

Contracts Real Estate Housing Market Technology 529

Housing Wire

DECEMBER 23, 2022

This article is part of our 2022-23 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Housing Market 353

Housing Market Marketing Inventory Buyers 353

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. in 2021, Freddie Mac reports. in 2022 but will drop to 4% in 2023.

Housing Market 393

Housing Market Marketing Supply Chain Real Estate 393

Housing Wire

NOVEMBER 17, 2020

This year has been full of surprises, but the biggest might be how exceptional the housing market is performing, National Association of Realtors Chief Economist Lawrence Yun said on Tuesday. A lingering trend in the housing market has been the increase of homeowners relocating to the suburbs and vacation towns.

Housing Market 521

Housing Market Marketing Realtors Inventory 521

Housing Wire

APRIL 17, 2023

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. Austin, Texas In 2021, Austin had one of the hottest housing markets in the country. For agents and sellers looking to succeed in Austin’s current market, Redding says pricing is key. “We

Housing Market 344

Housing Market Marketing Inventory Buyers 344

Housing Wire

JUNE 21, 2021

Many are eyeing scenic East Tennessee, where Knoxville and its surrounding suburbs have formed one the country’s hottest housing markets. Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. Generally, they go under contract in a day or two.”

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Housing Wire

MARCH 27, 2023

Housing markets in tech hubs were in high demand during the pandemic, with potential buyers facing fierce competition on homes in cities like San Jose and Austin. According to Redfin’s analysis, Austin, Texas has experienced the most rapidly cooling housing market in the nation over the last year.

Housing Market 330

Housing Market Marketing Contracts Buyers 330

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. billion, according to a review of bond-rating and industry reports.

Housing Market 374

Housing Market Marketing Contracts Finance 374

Housing Wire

MARCH 11, 2022

Two Myrtle Beach Century 21 franchises have filed a lawsuit against eXp Realty , alleging that eXp Realty agent Joel Barber stole profits and private real estate data during secretive, “unauthorized” late night office visits. Barber had been working for the Harrelson Group on a contract basis since March of 2017. and 5:30 a.m.

Real Estate 309

Real Estate Realty Real Estate Agent Legal 309

Housing Wire

JANUARY 9, 2023

With many homebuilders feeling the impact of rising mortgage rates on new-home sales, delivering units for rent is expected to continue to become a larger segment of the overall single-family housing market.”. Single-family homebuilders, too, are looking to capitalize on the build-for-rent market, with Lennar Corp., metro areas.

Housing Market 544

Housing Market Marketing Construction Development 544

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows.

Housing Market 352

Housing Market Marketing Contracts Lending 352

Housing Wire

DECEMBER 10, 2021

As we approach the end of another hot year for the market, homebuyers and sellers are eagerly looking ahead to the 2022 housing market. Will the market continue its streak of strong growth, or are we finally about to see a slow down? I’ll also highlight which variables we should be watching for unexpected market shifts.

Housing Market 542

Housing Market Marketing Inventory Sellers 542

Housing Wire

AUGUST 14, 2023

Now, that extra little boost of demand seems to be gone from the housing market. See how the tan line of 2021 peaked right about on the same curve we’re seeing this year? Higher mortgage rates create greater holding costs for real estate therefore fewer people hold real estate, and there are more sales, more inventory.

Housing Market 345

Housing Market Inventory Marketing Buyers 345

Housing Wire

MARCH 26, 2021

were heading to Portland in January and February of 2021. But the East Coast seaside town was gaining popularity way before then – millennials , especially, began flocking to the Portland housing market in 2020 to take advantage of the city’s growing startup scene of biotechnology , bioscience and biopharma.

Housing Market 451

Housing Market Marketing Real Estate Inventory 451

Housing Wire

SEPTEMBER 30, 2020

20, the National Association of Realtors said that contract signings were up 23% year over year. There were nine new pending contracts for every 10 new listings, a slower rate than the 9.9 Usually, Merchant said the Sacramento housing market slows down after Labor Day, but doesn’t see that slowdown this year.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

DECEMBER 30, 2020

Year-over-year, contract signings increased by 16.4%. As 2021 approaches, Yun predicts that there will be a slight uptick in mortgage rates to around 3%, existing-home sales to increase by roughly 10% and new home sales to increase by 20%. The post Pending home sales continue to slip as 2021 approaches appeared first on HousingWire.

Contracts 532

Contracts Inventory Realtors Government 532

Housing Wire

JULY 28, 2022

An improvement from the 6% mark, yet it’s still significantly higher than early 2021’s 3% level. If mortgage rates peak, Fratantoni said, “potential buyers who had been scared off by the rate spike, might find their way back to the housing market.”. Census and the Department of Housing and Urban Development.

Housing Market 300

Housing Market Marketing Loan Officers Buyers 300

Cleveland Appraisal Blog

MARCH 30, 2021

This fish phenomenon reminds me of the housing market today. As soon as homes hit the market, they often sell in days, with numerous offers that usually bid the list price up. When an appraiser’s opinion of value is below the contract price, that’s when the carping begins. That is a lot of bread!

Housing Market 367

Housing Market Marketing Reconsideration of Value Contracts 367

Housing Wire

SEPTEMBER 29, 2022

An index of 100 is equal to the level of contract activity in 2001. The direction of mortgage rates – upward or downward – is the prime mover for home buying, and decade-high rates have deeply cut into contract signings,” Lawrence Yun, NAR’s chief economist, said in a statement. “If All four major U.S. to a reading of 71.0.

Contracts 331

Contracts Realtors Inventory Marketing 331

The Robert Weiler Company

NOVEMBER 9, 2021

And, if you have a real estate investor in your life, the gift-finding pursuit can be quite a challenge. GIFTS FOR RESIDENTIAL PROPERTY INVESTORS: Looking for a great gift for house-flippers or buyers taking advantage of a housing market downswing? The Book, The Millionaire Real Estate Investor by Gary Keller.

Real Estate 147

Real Estate Investors Investing Home Improvement 147

Housing Wire

DECEMBER 10, 2020

At the National Association of Realtors Real Estate Forecast Summit on Thursday, NAR’S Chief Economist Lawrence Yun explained that although many are working from home now, he doesn’t expect that change to be permanent. By 2021, that number will decrease to 18%, then continue to decrease in 2022 to 12%. “I

Real Estate 477

Real Estate Realtors Housing Market Contracts 477

Housing Wire

MAY 22, 2024

One difference between 2023 and 2024 is that this year the pending contract data shows small but steady year-over-year sales growth. We are getting close to the seasonal peak and then this data line will decline, making 2021-2024 the lowest new listings data period ever recorded in history. This isn’t the case in 2024.

Inventory 449

Inventory New Listings Housing Market Contracts 449

GoForrmz

OCTOBER 26, 2022

Get ahead with real estate automation The real estate market has seen a lot of unusual trends in the past couple years, and it’s no surprise things have been pretty weird. In 2021 , we saw houses receive multiple offers and sell for thousands of dollars over asking price within hours.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

MAY 3, 2022

The venture capital investment is in addition to $1 billion in separate capital commitments from investors that Point has lined up to help fund what it calls home-equity investment (HEI) contracts. “We Homeowners, in turn, get to cash out a slice of their home equity with no payments due until the contract matures.

Contracts 391

Contracts Investors Investing Market Value 391

Housing Wire

MAY 28, 2021

More than half of homes (51%) have sold above their listing price in the four week period ending May 23, 2021 — up from 26% one year ago, according to a recent study by Redfin. Numerous other sales records were also set, including the median home sale price ($354,250) and number of days on the market (17, down from 36 one year ago).

Buyers 413

Buyers Real Estate Agent Real Estate Inventory 413

Housing Wire

SEPTEMBER 12, 2023

housing market now. That’s frankly surprising given how cold the housing market froze last fall. New contracts dipped as affordability is out of reach for so many. There are 348,000 single-family homes in contract right now, with only 54,000 new contracts pending in the last week.

Contracts 363

Contracts Inventory Housing Market Buyers 363

Housing Wire

SEPTEMBER 29, 2021

Homebuyer contract signings in the U.S. its highest level since January 2021. Increased inventory of homes for sale, near historic low mortgage rates and favorable demographics means more housing demand, ” Odeta Kushi, the First American deputy chief economist said in a statement. “The lower than the same time last year.

Contracts 355

Contracts Inventory Housing Market Marketing 355

Housing Wire

SEPTEMBER 14, 2022

The economic standoff between rising inflation and rising interest rates continues to weaken the housing market nationwide, with home sales falling across all 12 Federal Reserve districts, according to the Fed’s latest Beige Book report. Richmond — Residential real estate market activity declined moderately this period.

Construction 369

Construction Real Estate Inventory Supply Chain 369

Housing Wire

AUGUST 31, 2021

annual growth rate logged the month prior, in May 2021. “While the housing market feels like it has legs that never get tired, inventory and affordability constraints are still expected to put a damper on price growth,” said CoreLogic Deputy Chief Economist Selma Hepp. Fueling the home-buying process with certainty.

Housing Market 433

Housing Market Inventory Buyers Real Estate 433

Housing Wire

SEPTEMBER 23, 2022

But ultimately, real estate is the business of delivering homeownership — the primary means by which most Americans build generational wealth — to people, and the affordability crisis challenges that, disproportionately affecting low-income homebuyers and people of color. But the truth is that the market is moderating, not imploding.

Real Estate Agent 340

Real Estate Agent Agents Real Estate Realtors 340

McKissock

SEPTEMBER 5, 2022

In recent years, the real estate industry has noticed some significant trends in the commercial and residential housing markets. For instance, in 2021 small and private investment firms were responsible for nearly 3/4 of retail asset acquisitions , representing a 30% increase from the prior 10-year historical average. .

Retail 73

Retail Real Estate Investors Real Estate Agent 73

Housing Wire

MARCH 10, 2023

Despite the housing market cool down , homeowners with mortgages , which accounts for roughly 63% of all properties, gained $1 trillion in equity between the fourth quarter of 2021 and the fourth quarter of 2022, according to a report released Thursday by CoreLogic. On average, U.S. On average, U.S.

Contracts 325

Contracts Housing Market Mortgage Marketing 325

Housing Wire

SEPTEMBER 26, 2023

The home sales that are in contract now will close mostly in October. There are now 344,000 single-family homes in contract to close in the next couple months. That’s 14% fewer than last year and almost 30% fewer than in September of 2021. The price of the new contracts this week came in at $370,000.

Inventory 481

Inventory Contracts New Listings Mortgage 481

Housing Wire

SEPTEMBER 15, 2023

of homes that went under contract that month, according to a new report from Redfin. I’ve seen more homebuyers cancel deals in the last six months than I’ve seen at any point during my 24 years of working in real estate. They’re getting cold feet,” said Jaime Moore, a Redfin Premier real estate agent in Reno, Nevada.

Buyers 390

Buyers Mortgage New Listings Real Estate Agent 390

Empire Appraisal Group

JANUARY 11, 2023

2023 Real Estate Forecast: Market to Regain Normalcy. Source: 2023 Real Estate Forecast: Market to Regain Normalcy (nar.realtor). But even though mortgage rates and home prices are expected to moderate, home sales may still sag under persistent inventory shortages, housing economists predict.

Real Estate 78

Real Estate Marketing Buyers Sellers 78

Cleveland Appraisal Blog

MAY 18, 2023

I was talking to a real estate agent recently who said that her sellers are scared about a significant downturn in the market and missing out on the higher values. In April, we are at the same level of total active listings that we have seen in 2021 & 2022. The housing market is in a catch twenty-two.

Inventory 333

Inventory Real Estate Agent Appraisal Real Estate 333

Housing Wire

SEPTEMBER 28, 2021

annual gain for the year ending in July 2021, up from 18.7% from July 2020 to July 2021, which is up from the 18.5% increase recorded in June 2021. Price growth remains about as hot as ever, but the housing market is gradually retreating towards a more balanced state.”. The index showed a 19.7% a month prior.

Housing Market 477

Housing Market Finance Contracts Inventory 477